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Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024

MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»

Category: newsSource:  manilanewsRelated NewsJan 26th, 2024

Double-digit growth in bank lending seen this year

The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Remittances up by 2.6% in March — BSP

The Bangko Sentral ng Pilipinas attributed the increase in personal remittances to the inputs of land-based workers with work contracts of one year or more and sea- and land-based workers with work contracts of less than one year......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

GOCC dividends surge to P88.6B - The Manila Times

DIVIDEND remittances from state-owned firms have ballooned to almost P89 billion just a little over four months into 2024, Finance Secretary Ralph Recto said on Monday. The government was said to have collected P88.6 billion from 47 government-owned and -controlled corporations (GOCCs) as of May 6, 11 times higher than the P8 billion recorded during the same period last year. "These dividends form a major source of n.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

PFDA commits to increased dividend payments to Treasury

Department of Agriculture’s Philippine Fisheries Development Authority announced in a statement that it would remit 75% of its dividend payouts coming from the prior 50% after Finance Secretary Ralph Recto requested the government firm to increase its remittances to the government. .....»»

Category: financeSource:  philstarRelated NewsApr 9th, 2024

A six-year-old girl from Pilar, Bohol calls for help

Kriscent Xian Cahulogan, a six-year-old girl from Purok 1, Brgy. San Isidro, Pilar, Bohol, is asking for help to sustain her chemotherapy treatment. Xian was diagnosed with Acute Lymphocytic Leukemia (ALL) on May 10, 2023. It all began in February when she exhibited pallor and complained of abdominal pain, prompting her family to seek medical.....»»

Category: newsSource:  inquirerRelated NewsMay 7th, 2024

PNP-Davao vows to continue search for Quiboloy

FOLLOWING the installment of Police Brigadier General Aligre Lamsen Martinez as the new director of the Davao Police Regional Office (PRO-Davao), the police agency vows to sustain its move to trace the whereabouts of Pastor Apollo Quiboloy......»»

Category: newsSource:  inquirerRelated NewsMay 2nd, 2024

DOTr: No letup in active transport push

The Department of Transportation has committed to sustain its efforts to promote active transport, as it faces criticism for considering the removal of the bicycle lane along EDSA......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2024

EXPLAINER: Why ‘innocent’ drivers get arrested in road accidents

CEBU CITY, Philippines — In the event of a road accident involving two or more vehicles, authorities typically take an individual believed to have caused the accident into custody after an investigation. However, there are certain incidents wherein the accidents are allegedly caused by the individuals who unfortunately die or sustain injuries. Why ‘innocent’ driver.....»»

Category: newsSource:  inquirerRelated NewsApr 24th, 2024

Lady Bulldogs out to sustain streak

Yet to drop a single match in a stellar second-round campaign including wins over the co-leaders, red-hot National U enjoys sole control of its fate and wants no let-up in the UAAP women’s volleyball tournament......»»

Category: sportsSource:  philstarRelated NewsApr 19th, 2024

DoubleDragon bolstering asset portfolio

DoubleDragon Corp., the property developer chaired by Edgar “Injap” Sia II and Tony Tan Caktiong, is bolstering its asset portfolio this year as the company looks to sustain its momentum after profit grew by nearly a quarter last year......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Filipino children get access to potable water thanks to innovative powdered mixture

With an average of 20 typhoons visiting the Philippines each year, rural and urban communities sustain significant damage to their sources of drinking water, including waterways and deep wells......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2024

Eid l Fit r rites in Central Mindanao, BARMM solemn, peaceful

Local executives took turns urging Muslims to vigorously sustain their spiritual solidarity with non-Muslims at the sideline of the Eid’l Fit’r congregational outdoor prayers on Wednesday in different areas in Central Mindanao and in the Bangsamoro region......»»

Category: newsSource:  philstarRelated NewsApr 10th, 2024

Amid bearish sentiment, bargain hunting could lift stocks

The stock market is expected to sustain its bearish sentiment this week, but potential bargain hunting may eventually lift shares out of the doldrums......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Amid bearish sentiment, bargain hunting could lift stocks

The stock market is expected to sustain its bearish sentiment this week, but potential bargain hunting may eventually lift shares out of the doldrums......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Korda triumphs in sudden death anew; Saso, Pagdanganan waver

Yuka Saso failed to sustain a third round 69 as she struggled with five bogeys against three birdies, while ICTSI stablemate Bianca Pagdanganan also faced difficulties, limping with a 78 to end up at tied 55th with 290......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Eala succumbs to cramps, falls in Miami Open qualifying draw

Alex Eala could not sustain her historic win against a former World No. 5 player as she fell short in the finals of the prestigious Miami Open qualifying draw at the Hard Rock Stadium in Florida......»»

Category: sportsSource:  philstarRelated NewsMar 19th, 2024

Philippines, US stress need to sustain, elevate alliance

“We’ve been on hyperdrive over the past years. Engagements across issues and areas and between and among government branches,” Department of Foreign Affairs (DFA) Secretary Enrique Manalo said......»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

Pagdanganan turns cold, drops to 38th spot

Bianca Pagdanganan failed to sustain her solid start and submitted a four-over 76 to slide to joint 38th halfway through the HSBC Women’s World Championship yesterday in Singapore......»»

Category: sportsSource:  philstarRelated NewsMar 2nd, 2024

Child with Cancer from Zamboanga del Norte Calls for Help

A four-year-old girl from Brgy. Poblacion, Siayan, Zamboanga del Norte is calling for financial assistance to help sustain her chemotherapy treatment. Lucille Jhen Dionaldo was diagnosed with Acute Lymphoblastic Leukemia (ALL) last September 19, 2023, 2 months after she celebrated her 4th birthday. Her symptoms started to manifest weeks prior to her diagnosis as pallor,.....»»

Category: newsSource:  inquirerRelated NewsFeb 29th, 2024